CryptoLogic has taken "major strides" in Asia following its investment in Mahjong Time, a provider of online mahjong software and an official partner of the World Series of Mahjong.

The Dublin-based internet gaming software group drew attention to Mahjong Time’s recently signed licensing agreement, under which the company gains access to 50 per cent of the internet cafés in China.

"All of CryptoLogic’s Asian investments are meeting or exceeding their targets - and ours," commented CryptoLogic president and CEO Brian Hadfield. "We knew the global mahjong market had huge potential, and that potential is quickly turning into reality."